BCash cannot go up by its own. Its price is totally depended if Bitcoin is up. Their claims of BCash is going up when Bitcoin is going down is a pure price manipulation they cannot do it everytime when Bitcoin is down or they will lose a lot of money from buying BitcoinCash at loss. Bitcoin price is going down day by day..
Is bitcoin cash have that much potential to overcome the bitcoin?
Yes, the price movements of Bitcoin Core pretty much dictates the direction of the market. It dominates the market - mostly because it managed to claim the name of the original Bitcoin. Moving forward - this is expected to change. E.g. given the current level of its dominance - around 37% - it shows a decline of more than 60% compared to the peak dominance it reached. It is just a matter of time before it will be overtaken by another crypto. And yes, price manipulation certainly plays a role in the price movements of most cryptos, but there are other factors that are influencing prices as well. To claim that the price of BCH "is totally depended if Bitcoin is up" and that "claims of BCash is going up when Bitcoin is going down is a pure price manipulation" is a bit of a stretch. The extent to which price manipulation plays a role is anyone's guess, but to claim that it is 100% the result of price manipulation is far-fetched. E.g. BCH recently more than doubled in price while the same couldn't be said of BTC. The reason for this is partly because of the positive changes - perceived and real - coming for BCH on May 15th. "they cannot do it everytime when Bitcoin is down or they will lose a lot of money from buying BitcoinCash at loss" - Yes, assuming one is holding BTC and wishes to switch to BCH, the best strategy is to make the switch from BTC to BCH while the BTC:BCH price ratio is at its highest. However, not all people who switch to BCH are doing so from a position holding BTC - so to claim that all will be losing money when they buy BCH when BTC is down is not entirely accurate. In addition, you will need to assume that they got in at the same price levels, are selling at the same price levels and are buying at the same price levels again - which is not the case. |
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Bitcoin price is going down day by day..
Is bitcoin cash have that much potential to overcome the bitcoin?
Not too close. Bitcoin cash have been popular days after being released in the market but after a couple of months, its market value began to fall. I think it is impossible for Bitcoin cash to replace Bitcoin just because it is having problems with market volatility which is a normal phenomenon when it comes to cryptocurrencies. So surely, it won't. Agreed. E.g. a better measure is to look at the increase in the number of merchants who are accepting Bitcoin Cash as a means of payment and the ones who are starting to drop Bitcoin Core as a means of payment. P.S. It is not entirely honest to connect the decline in the price of BCH at that stage to a decline in its popularity. It is better to say that it was not saved from a downward swing in the market in general. |
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I may be very much mistaken or even lacking knowledge, but i do not believe that a fork can replace bitcoin because there are big investors' policies and interests and also losing the number 1 position is not something interesting for the crypto world. In summary the maximum that can happen is a great appreciation of the forks and especially of Bitcoin Cash.
Keep in mind that both Bitcoin Cash and Segwit are forks of the original Bitcoin blockchain. The first has done it to be able to scale by using the Bitcoin system - as intended by Satoshi (see below) - while the latter has done it to for one do away with signature data in Bitcoin transactions and to enable it to scale off the Bitcoin system and off-chain by making use of what's called the Lightning Network (LN). |
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Bitcoin price is going down day by day..
Is bitcoin cash have that much potential to overcome the bitcoin?
Bitcoin Cash and various other cryptos have the potential to overtake what is masquerading as Bitcoin nowadays. However, what prices do, especially over the short-term, are not an accurate measure of this. It is but one component of a much larger picture. |
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Hi All,
Please help me understand in plain English how will we benefit from so many currencies?
I see so many startups with decentralized blockchain ideas with their own crypto currency.
Today I purchased oatmeal directly from a mill at their website.
This mill sells its products thru grocers and other online stores as well.
They probably gave 3% to the credit card company, which they could reduce by using blockchain.
But if every store and every business starts creating their own currency, then I will have to go thru an exchange to convert BTC or ETH to that coin to make some purchase.
Then we would need miners to process all those transactions in various coins.
Why can't they just use ETH? Just like all IPOs use dollars.
Thanks in advance
Competition is good my friend. It helps to ensure that only the best of the best will survive at the end of the day. Unlike fiat currency, the acceptance of no crypto should be forced onto anyone. We should be free to choose the ones that we personally like and/or prefer on an individual basis. |
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Is there an unwritten rule of hodling ? Any increase % that you aim for ? 100-200% increace in price ? Or its just how you feel about it.
It is not set in stone, but first - regardless of your risk profile and/or appetite - you want to make sure that you hold your tokens in wallets of which you control the private keys. This means to keep your tokens off the exchanges and preferably use hardware wallets. In terms of price increases, it depends on your risk profile (appetite), but it is not a bad idea to always make sure that you get your initial purchase back soonest and to always make sure that you hold at least some tokens for potential medium to long-term growth. A lot depends on the project as well. You should make a list of the reasons why you got involved in a project. If those reasons changed for the negative, it should give you a pretty good idea of what percentage you should hodl and what you should sell. You might also want to have a look at technical analysis or subscribe to a service that tells you when to get in and when to sell. At the end of the day there is a lot to consider, but getting involved in quality projects and not beyond your financial means are normally the safest bets. It is then when one usually feels more comfortable hodling. |
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As a newbie I dont know what should I follow in bitcointalk and whom.
Kindly guide me..
Thanks in advance..
A good start would be to stick to the Beginners & Help section. In addition, you must do your own due diligence and be no stranger to reading. |
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I wish this link i have will help newbie like me to find good airdrop and bounty, because airdrop and bounty become abundant so we are hard to determine which is paying or legit I share this links hope it will help Telegram links (airdrop and bounty) 1. t.me/TokenDropsAirdrop 2. t.me/AmaZix_Announcements Website url ( bounty only) 1. http://bountylord.com/index.php?id=278 Insert this thread about bounty managers. This is my reference to be updated on new bounty or airdrop posted by legit managers https://bitcointalk.org/index.php?topic=3085997.msg31824749#msg31824749What you're posting is nothing short of a promotional post. I advise people to do their own due diligence. I can see at least a couple of bounty managers on your list that are on my "don't use" list for various reasons. |
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Thanks guys!
I hope everything worked out. But in case you didn't do anything until now: stop with everything, take a deep breath and research the following: - Etherem
- MyEtherWallet
- Metamask
Anyone know how to transfer tokens from metamask to myetherwallet ?
Your question gives the impression that you're not very well informed about what tools you are using and how they work. If there is real money involved - which I guess it is - know what you're doing, else you might lose your funds. A good alternative would also be to get a hardware wallet such as a Trezor or Nano Ledger S. |
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hello,
please help
Which wallet should be used to get the token of any bounty
The safest bet would be to get a hardware wallet such as a Trezor or Nano Ledger S - both support ERC20 tokens. If you take this route, make sure that you buy it directly from authorized resellers. Alternatively, you could use MyEtherWallet.com (MEW) or MyCrypto.com in conjunction with MetaMask. However, be aware of the risks involved. E.g. Some of MEW's DNS servers were recently hacked, etc. |
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Bob's my uncle. I say forget about the discount, let's get BOBx listed and rock and roll from there.  |
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Segwit was not part of the original Bitcoin system and never will be. It promotes something completely different than what is stated in the Satoshi whitepaper. Can you explain this with more details? What was in the whitepaper and why is Bitcoin now "completely" different? This is not an attack, I want to know what you are talking about. I am as lost as most newbies here sometimes. he is just talking out of his ass  it is like saying P2SH (multi signature features aka addresses starting with 3), all these OP codes and lots of other additions are not a part of bitcoin and never will be because it is not in Satoshi Whitepaper. haha You seem to know more about my ass than myself. Good luck and good for you. |
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Yes, it is easy to claim that I am wrong after the relevant image was removed. And no, I haven't said that the image explicitly say "all nodes are Hangzhou Alibaba Advertising Co." It did however convey the idea that all nodes are connected to Hangzhou Alibaba Advertising Co., Ltd. - while it is not the case. The best part: You had the audacity to use it as proof that Bitcoin Cash is not decentralized. If that is not manipulation, what is? Please don't answer.
Ehh, what are you talking about? the image is still here: https://bitcointalk.org/index.php?topic=3369820.msg35321433#msg35321433The image is just pointing out at the fact that a ton of BCash nodes are hosted by the same party, which in terms of decentralization it's useless. Facts remain. Segwit was not part of the original Bitcoin system and never will be. It promotes something completely different than what is stated in the Satoshi whitepaper. In addition, if "BCash is too small for anyone to bother" as you claim, why do you bother? Again, you're wrong about Bitcoin Cash being centralized. It is the Segwit hack that is centralized via Blockstream. The bankster funded company that pushed for 'consensus' via censorship and manipulation. It is clear that you've taken a page out of their play book. Again, cult of satoshi in full effect. I bother with BCash because Roger Ver is misselading noobs into buying an altcoin while saying it's Bitcoin, already happened to some people I know, they told me why my coins are worth 9 times more. This needs to end. And again, more nonsense about censorship. There's plenty of censorship in BCash's side, on the githubs and on social media. The Bitcoin twitter handle is blocking everyone claiming how BCH is not Bitcoin for instance. In addition, the whitepaper says "peer to peer cash". When your huge blocks get attacked and the nodes become huge mammoths that people cannot host, it will be centralized inside datacenters, so it will no longer be peer to peer but peer to corporation running a node to peer, and certainly not cash. As Paul Ramlac stated in response to that article: "I don’t see the link between GitHub contributions and control of a project. A corporate takeover happens through social games rather than code. If anything, you make a stronger case for a Blockstream takeover: with few coders on the team, one might assume other Blockstream members are hard at work on other fronts. For example, persuading the public, and by extent Bitcoin developers who are not part of Blockstream, of the legitimacy of Blockstream’s vision for Bitcoin" (Source: https://medium.com/@paulramlach_60688/i-dont-see-the-link-between-github-contributions-and-control-of-a-project-c897aa6a597). Again ridiculous, hilarious to complain against "social attacks" when Roger Ver is the biggest social attacker in crypto, using all sorts of social media to pumps his altcoins. Looks like propaganda is not propaganda if the propaganda meets your agenda. Yes, it is not God's Word, but it is with reason called the Satoshi or Bitcoin whitepaper. There is zero support in it for Segwit and the Lightning network. No true supporters of a project will sit idle while impostors come in, change things from what is explicitly stated in the project's whitepaper and steal the name via manipulation and censorship. And why would Bitcoin "no longer be a decentralized project" if it was not for the Segwit hack? 1 TB hard drives come pretty much standard nowadays - and it is only the beginning of what is possible.
Bitcoin transactions were cheap before the deliberate attempt to prevent the Bitcoin system from scaling. It is funny that Bitcoin Cash - that scales on the Bitcoin system - offers on-chain transactions that are faster and more than 2245% cheaper (when I checked yesterday) than what the Segwit hack has to offer. The technology exists, but the banksters and their buddies had to move consensus away through manipulation and censorship in order to gain control. Unlucky for them, Satoshi left room for consensus to move as well - so that those who wish to support the Bitcoin as envisioned by Satoshi, have the opportunity to do so.
In short: We support the Bitcoin defined in the Satoshi whitepaper despite its shortcomings - real and perceived. And will stand against all attempts to bring something else in and call it Bitcoin (such as the Segwit hack).
P.S. And in terms of name calling, given that you call us cashies, perhaps we should start calling you seggies and lighties for fun. Grin I don't care about segwit, I haven't even used it except in a couple of occasions when the sender required me to do so, same goes for LN. I think it's very interesting technology and I will watch it develop, but that's all, Bitcoin #1 priority is a solid, robust gold 2.0, hosted in a battlefield-ready network, not a stupid token to buy coffee with, that is secondary. I wish we could have both, but we can't as of right now. It's how things are. If we can achieve that use through the LN then so be it, but don't fuck up the decentralized, censorship resistant store of value property as a result, because we only have one shot. If Bitcoin fails at being a censorship resistant store of value, no altcoin will ever do it, so anyone attempting to do that will end up facing severe consequences, since you are playing with $billions worth of holder's money. Not smart to piss them off. We will have to agree to disagree. I've stated what I wanted to state. I am resting my case now. Those with the eyes to see are welcome to read through our communication, do their own due diligence and make up their own minds - for better or worse. That being said, I appreciate the fact that you've taken the time to respond. Thank you. |
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